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Offline 360c

  • 300kph+ club
  • Drug Dealer

  • Joined: Apr 2006

  • Drives: Purple People Eater
I agree. Everything gets pooled regardless of who's name it's in. It's common to have assets to the wife's name.

A favourite trick of the uber rich is to have everything in the name of a wealthy parent with you being employed in the family business on $30k a year. Lifestyle ostensibly funded by Mummy and Daddy.

SFA the Family Court can do about it.



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide
A favourite trick of the uber rich is to have everything in the name of a wealthy parent with you being employed in the family business on $30k a year. Lifestyle ostensibly funded by Mummy and Daddy.

SFA the Family Court can do about it.

Yep

http://www.adelaidenow.com.au/news/opinion/curious-case-of-tycoon-v-son/news-story/0935d31b5a2e3a1746ab9bede98defad

Quote
Curious case of tycoon v son
AN intriguing case is brewing in the Supreme Court, involving SA’s richest family, a former Miss World contestant and the state’s top judge.

So intriguing and sensitive, it seems, that an attempt has been made to suppress its ­details following inquiries by Off The Record to Chief Justice Chris Kourakis.

Off the Record can reveal that companies controlled by billionaire property tycoon Con Makris have lodged a claim for the possession of the $4.2 million Spring­field property owned by his son, businessman Ross Makris. The companies are second and third mortgagees on the property.

Off the Record revealed a year ago that Ross – who is a director of the Makris Group – had split from wife and former Miss World Australia Olivia Stratton, who married in New York in 2014.

She has interven­ed in the court proceeding. In a hearing on March 22 before Judge Graham Dart, her lawyers argued the action was an abuse of process. Property searches show that Ross, 47 – a former BRW young richlister – is the sole owner on the five-bedroom mansion, which sits on 2200sq m in Adelaide’s south.

He also owns property at St Georges and Woodforde.

On Monday, Justice Kourakis’s chambers emailed Off the Record advising that he’d taken carriage of the proceedings and was considering the request to access the file. On Thursday, his chambers again emailed that Justice Kourakis had received an application from “one of the parties” to have the files suppressed and that it had been listed for argument next week.

Off the Record had asked who requested suppression of the file. Ross, Con and Olivia Makris couldn’t be contacted.

When we asked Con Markis’s lawyer Jon Clarke, why his client had taken action against his son, he said we’d need to inspect the court file. In the spirit of open justice, we hope the Chief Justice will let us do just that.



Offline Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
A favourite trick of the uber rich is to have everything in the name of a wealthy parent with you being employed in the family business on $30k a year. Lifestyle ostensibly funded by Mummy and Daddy.

SFA the Family Court can do about it.
That's just asking for trouble
Parents die. Will is contested. Your just as fucked as a divorce.
Have a fall out with the parents, what then.



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